Nov 22 (Reuters) - Metcash Ltd (MTS) said on Friday convenience store chain 7-Eleven will not renew its supply agreement with the Australian grocery distributor after their current contract ends in 2020.
Metcash was unable to reach an agreement with 7-Eleven on its supply requirements on the east coast, and said it remains in discussions with the Japanese-American brand to continue supply in Western Australia.
Primarily held by Tokyo-listed Seven & I Holdings Co 3382.T , 7-Eleven operates in Australia through a franchise agreement with the Withers and Barlow family.
Nov 22 (Reuters) - Metcash Ltd (MTS) said on Friday convenience...
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Last
$3.92 |
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-0.110(2.73%) |
Mkt cap ! $4.291B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $3.99 | $3.82 | $28.31M | 7.246M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15948 | $3.91 |
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| Price($) | Vol. | No. |
|---|---|---|
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| MTS (ASX) Chart |